MALJF (Magellan Aerospace) Piotroski F-Score: 5 (As of Jun. 25, 2026) — 17% Below Median


MALJF Magellan Aerospace Corp MALJF
74 GF Score
Price $21.01
GF Value $8.37
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Magellan Aerospace Piotroski F-Score?

Magellan Aerospace MALJF -4.89% 74 Piotroski F-Score is 5 as of Jun. 25, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates MALJF with a GF Score™ of 74/100 and a GF Value™ of $8.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 319 Aerospace & Defense companies, Magellan Aerospace ranks better than 53.61% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Magellan Aerospace has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Magellan Aerospace's Piotroski F-Score or its related term are showing as below:

MALJF' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Magellan Aerospace was 9. The lowest was 5. And the median was 6.

Magellan Aerospace  (OTCPK:MALJF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Magellan Aerospace Piotroski F-Score Related Terms


Magellan Aerospace Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Magellan Aerospace's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magellan Aerospace Piotroski F-Score Chart

Magellan Aerospace Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 5.00 6.00 7.00

Magellan Aerospace Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 8.00 9.00 7.00 5.00

MALJF vs GE, RTX, BA: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, Magellan Aerospace's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magellan Aerospace Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Magellan Aerospace's Piotroski F-Score falls into.


MALJF
74GF Score
Magellan Aerospace Corp MALJF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 3.925 + 9.158 + 7.668 + 12.008 = $32.8 Mil.
Cash Flow from Operations was 18.848 + 3.499 + 19.2 + -1.33 = $40.2 Mil.
Revenue was 182.758 + 184.81 + 201.758 + 207.8 = $777.1 Mil.
Gross Profit was 24.35 + 23.58 + 32.744 + 29.601 = $110.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(820.977 + 850.767 + 858.556 + 845.108 + 898.79) / 5 = $854.8396 Mil.
Total Assets at the begining of this year (Mar25) was $821.0 Mil.
Long-Term Debt & Capital Lease Obligation was $42.3 Mil.
Total Current Assets was $523.2 Mil.
Total Current Liabilities was $208.4 Mil.
Net Income was 5.433 + 4.315 + 11.149 + 7.542 = $28.4 Mil.

Revenue was 177.24 + 165.003 + 168.951 + 181.734 = $692.9 Mil.
Gross Profit was 19.416 + 18.483 + 22.76 + 23.497 = $84.2 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(772.202 + 814.052 + 815.778 + 804.558 + 820.977) / 5 = $805.5134 Mil.
Total Assets at the begining of last year (Mar24) was $772.2 Mil.
Long-Term Debt & Capital Lease Obligation was $37.2 Mil.
Total Current Assets was $466.2 Mil.
Total Current Liabilities was $178.9 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Magellan Aerospace's current Net Income (TTM) was 32.8. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Magellan Aerospace's current Cash Flow from Operations (TTM) was 40.2. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=32.759/820.977
=0.03990246

ROA (Last Year)=Net Income/Total Assets (Mar24)
=28.439/772.202
=0.03682845

Magellan Aerospace's return on assets of this year was 0.03990246. Magellan Aerospace's return on assets of last year was 0.03682845. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Magellan Aerospace's current Net Income (TTM) was 32.8. Magellan Aerospace's current Cash Flow from Operations (TTM) was 40.2. ==> 40.2 > 32.8 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=42.274/854.8396
=0.04945255

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=37.237/805.5134
=0.04622766

Magellan Aerospace's gearing of this year was 0.04945255. Magellan Aerospace's gearing of last year was 0.04622766. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=523.184/208.356
=2.51101

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=466.177/178.937
=2.60525772

Magellan Aerospace's current ratio of this year was 2.51101. Magellan Aerospace's current ratio of last year was 2.60525772. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Magellan Aerospace's number of shares in issue this year was 57.079. Magellan Aerospace's number of shares in issue last year was 57.139. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=110.275/777.126
=0.14190106

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=84.156/692.928
=0.12144985

Magellan Aerospace's gross margin of this year was 0.14190106. Magellan Aerospace's gross margin of last year was 0.12144985. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=777.126/820.977
=0.94658681

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=692.928/772.202
=0.89734033

Magellan Aerospace's asset turnover of this year was 0.94658681. Magellan Aerospace's asset turnover of last year was 0.89734033. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Magellan Aerospace has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Magellan Aerospace (MALJF) has a Piotroski F-Score of 5 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Magellan Aerospace and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Magellan Aerospace's Piotroski F-Score has ranged from 5.00 to 9.00. According to the industry distribution chart, Magellan Aerospace ranks #148 out of 319 companies in the Aerospace & Defense industry, placing it in the top 46.4%.
Is Magellan Aerospace's Piotroski F-Score too high?
Magellan Aerospace's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. Magellan Aerospace's value of 5 is 0% at this industry median. Based on the distribution chart, Magellan Aerospace ranks #148 out of 319 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Magellan Aerospace has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's Piotroski F-Score compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #148 out of 319 companies for Piotroski F-Score. This puts Magellan Aerospace in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Magellan Aerospace's value of 5 is 0% at this benchmark. Historically, Magellan Aerospace's own Piotroski F-Score has ranged from 5.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Magellan Aerospace has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 319 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magellan Aerospace's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Magellan Aerospace and its competitors. For the Aerospace & Defense industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Magellan Aerospace (MALJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.37, compared to a current price of $21.01 — trading 151% above its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Aerospace & Defense industry median of 5.00. Magellan Aerospace's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Magellan Aerospace (MALJF), the current Piotroski F-Score is 5 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magellan Aerospace (MALJF) Overvalued in 2026?

Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued. The current stock price of $21.01 is trading 151% above its estimated GF Value™ of $8.37. GuruFocus considers Magellan Aerospace to be Significantly Overvalued.

Key valuation signals for MALJF:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $8.37 vs. price of $21.01 (151% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 0% at the Aerospace & Defense median (#148 of 319)

No single metric tells the full story. See the MALJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magellan Aerospace Business Description

Other Exchanges 4M7A:GermanyMAL:Canada
Address 3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
74GF Score

Get the complete analysis for MALJF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.01
Price
$8.37
GF Value